Nissei Plastic Industrial Co (NGO:6293) Operating Income: 円-768 Mil (TTM As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:6293 Nissei Plastic Industrial Co Ltd NGO:6293
62 GF Score
Price 円1,047.00
GF Value 円1,131.05
! 8 Warning Signs
View Full Analysis

What is Nissei Plastic Industrial Co Operating Income?

Nissei Plastic Industrial Co NGO:6293 62 Operating Income is 円-768 Mil as of Sep. 2025. GuruFocus rates NGO:6293 with a GF Score™ of 62/100 and a GF Value™ of 円1,131.05. The stock has 8 warning signs investors should review.

Nissei Plastic Industrial Co's Operating Income for the six months ended in Sep. 2025 was 円-1,058 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was 円-768 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nissei Plastic Industrial Co's Operating Income for the six months ended in Sep. 2025 was 円-1,058 Mil. Nissei Plastic Industrial Co's Revenue for the six months ended in Sep. 2025 was 円22,505 Mil. Therefore, Nissei Plastic Industrial Co's Operating Margin % for the quarter that ended in Sep. 2025 was -4.70%.

Warning Sign:

Nissei Plastic Industrial Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -19.1%.

Nissei Plastic Industrial Co's 5-Year average Growth Rate for Operating Margin % was -19.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nissei Plastic Industrial Co's annualized ROC % for the quarter that ended in Sep. 2025 was -2.99%. Nissei Plastic Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -1.10%.


Nissei Plastic Industrial Co  (NGO:6293) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nissei Plastic Industrial Co's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-2116 * ( 1 - 0% )/( (72474 + 69214)/ 2 )
=-2116/70844
=-2.99 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Nissei Plastic Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-642/( ( (20536 + max(39777, 0)) + (19595 + max(37280, 0)) )/ 2 )
=-642/( ( 60313 + 56875 )/ 2 )
=-642/58594
=-1.10 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7062 + 41513 + 2266) - (7255 + 0 + 3809)
=39777

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8313 + 37422 + 1206) - (5752 + 0 + 3909)
=37280

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Nissei Plastic Industrial Co's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-1058/22505
=-4.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Nissei Plastic Industrial Co Operating Income Related Terms


Nissei Plastic Industrial Co Operating Income Historical Data

* Premium members only.

The historical data trend for Nissei Plastic Industrial Co's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nissei Plastic Industrial Co Operating Income Chart

Nissei Plastic Industrial Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,146.00 2,578.00 2,682.00 705.00 442.00

Nissei Plastic Industrial Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 773.00 -68.00 152.00 290.00 -1,058.00
NGO:6293
62GF Score
Nissei Plastic Industrial Co Ltd NGO:6293
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nissei Plastic Industrial Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-768 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of 円-768 Mil mean?
Nissei Plastic Industrial Co (NGO:6293) has a Operating Income of 円-768 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nissei Plastic Industrial Co and its competitors.
Is Nissei Plastic Industrial Co's Operating Income too high?
Nissei Plastic Industrial Co's current Operating Income is 円-768 Mil. Overall, Nissei Plastic Industrial Co has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Operating Income compare to GEV and ETN?
Nissei Plastic Industrial Co's Operating Income of 円-768 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Industrial Products company?
A good Operating Income depends on the Industrial Products industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nissei Plastic Industrial Co and its competitors. Nissei Plastic Industrial Co's current Operating Income is 円-768 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (NGO:6293) has a current Operating Income of 円-768 Mil. The stock's GF Value™ is 円1,131.05, compared to a current price of 円1,047.00 — trading 7.4% below its estimated fair value. The current Operating Income is 円-768 Mil. Nissei Plastic Industrial Co's overall GF Score™ is 62/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Nissei Plastic Industrial Co (NGO:6293), the current Operating Income is 円-768 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nissei Plastic Industrial Co (NGO:6293) Overvalued in 2026?

Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued. The current stock price of 円1,047.00 is trading 7.4% below its estimated GF Value™ of 円1,131.05.

Key valuation signals for NGO:6293:

  • Operating Income: 円-768 Mil
  • GF Value™: 円1,131.05 vs. price of 円1,047.00 (7.4% below fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the NGO:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissei Plastic Industrial Co Business Description

Address 2110 Minamijo, Sakaki-machi, Hanishina-gun, Nagano-ken, Nagano, JPN, 389-0693
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
62GF Score

Get the complete analysis for NGO:6293

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,047.00
Price
円1,131.05
GF Value